Merafe (MRFJ)

Merafe News & Analysis

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  Merafe signs off on a bumper year

  Merafe (JO:MRFJ) has released results and declared a dividend for the year ended December 2021. The company is firmly on the radar of many small cap enthusiasts, although it is far less of...

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  BRIEF-Merafe Resources Attributable Ferrochrome Production From Glencore Merafe Chrome Venture For Qtr Up 3%

  April 15 (Reuters) - Merafe Resources Ltd MRFJ.J :* MERAFE RESOURCES LTD - ATTRIBUTABLE FERROCHROME PRODUCTION FROM GLENCORE MERAFE CHROME VENTURE FOR QUARTER UP 3% COMPARED TO PRIOR...

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  BRIEF-Merafe Resources Says European Benchmark Ferrochrome Price For Q2 is 156 US Cents Per Pound

  March 19 (Reuters) - Merafe Resources Ltd MRFJ.J :* MERAFE RESOURCES LTD - EUROPEAN BENCHMARK FERROCHROME PRICE FOR Q2 OF 2021 HAS BEEN SETTLED AT 156 US CENTS PER POUND, A 32.8% INCREASE...

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  BRIEF-Merafe Resources FY HLPS 0.8 Cents

  March 8 (Reuters) - Merafe Resources Ltd MRFJ.J :* JSE: MRF - SUMMARISED CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2020 AND CHANGES TO THE BOARD OF DIRECTORS* MERAFE...

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  BRIEF-Merafe Resources Sees FY HLPS Of Between 0.5 Cents And 1.1 Cents

  Feb 26 (Reuters) - Merafe Resources Ltd MRFJ.J :* MERAFE RESOURCES LTD - SEES FY HEADLINE LOSS PER SHARE OF BETWEEN 0.5 CENTS AND 1.1 CENTS...

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  BRIEF-Merafe Resources Says Afena Capital Now Holds 3.05% Of Issued Ordinary Share Capital Of Co

  Jan 26 (Reuters) - Merafe Resources Ltd MRFJ.J :* JSE: MRF - NOTICE OF A DISPOSAL OF A BENEFICIAL INTEREST IN MERAFE SECURITIES* MERAFE RESOURCES LTD - FOLLOWING DISPOSAL, AFENA CAPITAL...

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  BRIEF-Merafe Resources Says European Benchmark Ferrochrome Price For Q1 Up 3.1% Q-o-Q

  Dec 18 (Reuters) - Merafe Resources Ltd MRFJ.J :* MERAFE RESOURCES - EUROPEAN BENCHMARK FERROCHROME PRICE FOR Q1 OF 2021 SETTLED AT 117.5 US CENTS PER POUND, A 3.1% INCREASE FROM Q4 OF...

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  BRIEF-Merafe Resources Q3 Attributable Ferrochrome Production From Glencore Merafe Chrome Venture Is 48Kt

  Oct 23 (Reuters) - Merafe Resources Ltd MRFJ.J :* ATTRIBUTABLE FERROCHROME PRODUCTION FROM GLENCORE MERAFE CHROME VENTURE IN Q3 IS 48KT, OVERALL 37% FALL IN PRODUCTION FOR 9 MONTHS*...

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  UPDATE 2-Chrome ore producers criticise S. Africa's proposed export tax

  * S. Africa's cabinet proposes export tax on chrome ore* Tax intended to boost struggling domestic ferrochrome industry* Global chrome prices likely to rise if tax implemented (Adds comment...

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  South Africa's cabinet approves export tax on chrome ore

  JOHANNESBURG, Oct 22 (Reuters) - South Africa, the world's biggest chrome producer, has approved measures to support the domestic ferrochrome industry including through an export tax on...

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  BRIEF-Merafe Resources Says European Benchmark Ferrochrome Price For Q4 Settled At 114 U.S. Cents/Pound

  Sept 18 (Reuters) - Merafe Resources Ltd MRFJ.J :* EUROPEAN BENCHMARK FERROCHROME PRICE FOR Q4 OF 2020 HAS BEEN SETTLED AT 114 US CENTS PER POUND...

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  BRIEF-Merafe Resources HY HEPS 1.1 Cents

  Sept 8 (Reuters) - Merafe Resources Ltd MRFJ.J :* MERAFE RESOURCES LTD - NO INTERIM DIVIDEND DECLARED* MERAFE RESOURCES LTD - HALF YEAR HEADLINE EARNINGS PER SHARE OF 1.1 CENTS* MERAFE...

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  BRIEF-Merafe Resources Ltd Sees HY Headline EPS Of Between 0.9 Cents And 1.3 Cents

  Aug 28 (Reuters) - Merafe Resources Ltd MRFJ.J :* MERAFE RESOURCES LTD - SEES HY HEADLINE EARNINGS PER SHARE OF BETWEEN 0.9 CENTS AND 1.3 CENTS* MERAFE RESOURCES LTD - SEES HY BASIC LOSS...

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  BRIEF-Merafe Resources Says Afena Capital Holds 5.82% Of Issued Ordinary Share Capital Of Company

  Aug 5 (Reuters) - Merafe Resources Ltd MRFJ.J :* MERAFE RESOURCES LTD - FOLLOWING ACQUISITION, AFENA CAPITAL NOW HOLDS 5.82% OF ISSUED ORDINARY SHARE CAPITAL OF COMPANY...

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  BRIEF-Merafe Resources Sees HY Loss/Share & Headline Loss/Share Between 2.79 Cents & 3.41 Cents

  July 27 (Reuters) - Merafe Resources Ltd MRFJ.J :* MERAFE RESOURCES - EXPECTING TO REPORT HY BASIC LOSS PER SHARE & HEADLINE LOSS PER SHARE OF BETWEEN 2.79 CENTS AND 3.41 CENTS...

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  Glencore's South African venture with Merafe starts job cuts process

  JOHANNESBURG, June 19 (Reuters) - A joint venture in South Africa with commodities giant Glencore GLEN.L on Friday began consulting employees on possible job cuts because of the weak...

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  BRIEF-Merafe Resources Says Consultation With Employee Representatives, Recognised Trade Unions Underway

  June 19 (Reuters) - Merafe Resources Ltd MRFJ.J :* CONSULTATION WITH EMPLOYEE REPRESENTATIVES AND RECOGNISED TRADE UNIONS REGARDING PROCESS IS UNDERWAY* CONSULTATION WITH EMPLOYEE...

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  BRIEF-Merafe Resources Unit Concludes Sale Agreement With Glencore

  May 29 (Reuters) - Merafe Resources Ltd MRFJ.J :* MERAFE RESOURCES LTD - SUBSIDIARY CONCLUDED A SALE AGREEMENT WITH GLENCORE* MERAFE - GLENCORE AGREED TO SELL 20.5% OF ITS 100% INTEREST IN...

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  BRIEF-Merafe Resources Resolutions On Non-Exec Directors' Fees Payable Not Passed By Majority At AGM

  May 22 (Reuters) - Merafe Resources Ltd MRFJ.J :* MERAFE RESOURCES - SPECIAL RESOLUTIONS ON FEES PAYABLE TO NON-EXECUTIVE DIRECTORS NOT PASSED BY REQUISITE MAJORITY AT AGM...

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  BRIEF-Merafe Resources Says Operations Recommenced At Lion Smelter And Eastern Chrome Mines

  May 8 (Reuters) - Merafe Resources Ltd MRFJ.J :* JSE: MRF - MERAFE'S POSITION REGARDING THE COMMENCEMENT OF OPERATIONS* MERAFE RESOURCES LTD - GLENCORE MERAFE CHROME VENTURE HAS...

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  BRIEF-Merafe Resources Qtrly Attributable Ferrochrome Production From Glencore Merafe Chrome Venture Down By About 3.6%

  April 24 (Reuters) - Merafe Resources Ltd MRFJ.J :* ATTRIBUTABLE FERROCHROME PRODUCTION FROM GLENCORE MERAFE CHROME VENTURE FOR QUARTER ENDED 31 MARCH DECREASED BY ABOUT 3.6%* ALL...

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  BRIEF-Merafe Resources Says Qtrly Ferrochrome Production From Glencore Merafe Chrome Venture Down About 3.6%

  April 24 (Reuters) - Merafe Resources Ltd MRFJ.J :* MERAFE RESOURCES - ATTRIBUTABLE FERROCHROME PRODUCTION FROM GLENCORE MERAFE CHROME VENTURE FOR QUARTER ENDED 31 MARCH DECREASED BY...

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  BRIEF-Merafe Resources Says Envisaged To Access Undrawn Debt Funding Facilities If It Requires Further Funding

  April 2 (Reuters) - Merafe Resources Ltd MRFJ.J :* JSE: MRF - IMPACT OF COVID-19 ON MERAFE'S OPERATIONS* MERAFE RESOURCES LTD - DETERMINATION OF EUROPEAN BENCHMARK FERROCHROME PRICE FOR Q2...

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  UPDATE 1-Glencore's chrome joint venture in South Africa with Merafe declares force majeure

  (Adds detail, context)By Zandi ShabalalaLONDON, April 1 (Reuters) - Glencore 's GLEN.L chrome joint venture in South Africa with Merafe Resources MRFJ.J has declared force majeure on...

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  Glencore's chrome joint venture in South Africa with Merafe declares force majeure

  LONDON, April 1 (Reuters) - Glencore 's GLEN.L joint venture in South Africa with Merafe Resources MRFJ.J has declared force majeure on qualifying contracts after a nationwide lockdown...

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  BRIEF-Merafe Resources Says FY Headline Loss Per Share Of 1.8 Cents

  March 9 (Reuters) - Merafe Resources Ltd MRFJ.J :* SUMMARISED CONSOLIDATED FINANCIAL STATEMENTS AND DIVIDEND DECLARATION FOR THE YEAR ENDED 31 DECEMBER 2019* 4% DECREASE IN FY REVENUE TO...

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  BRIEF-Merafe Resources Sees FY Headline Loss Per Share Of Between 1.2 Cents And 2.3 Cents

  March 5 (Reuters) - Merafe Resources Ltd MRFJ.J :* JSE: MRF - REVISED TRADING STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2019* MERAFE RESOURCES - SEES FY REVISED HEADLINE LOSS PER SHARE OF...

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  BRIEF-Merafe Resources Sees FY Headline Loss Per Share Of Between 2.3 And 2.9 Cents

  Feb 17 (Reuters) - Merafe Resources Ltd MRFJ.J :* JSE: MRF - TRADING STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2019* MERAFE RESOURCES SEES FY BASIC LOSS PER SHARE OF BETWEEN 52.9 AND 58.3...

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  BRIEF-Merafe Resources Says QTRLY Attributable Ferrochrome Production 105 Kt Versus 112 Kt From Glencore Merafe Chrome Venture

  Feb 3 (Reuters) - Merafe Resources Ltd MRFJ.J :* PRODUCTION REPORT FOR THE FOURTH QUARTER ENDED 31 DECEMBER 2019* QTRLY ATTRIBUTABLE FERROCHROME PRODUCTION 105 KT VERSUS 112 KT FROM...

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  Glencore, Merafe could cut up to 665 jobs at South African smelter

  JOHANNESBURG, Jan 20 (Reuters) - Joint venture partners Glencore GLEN.L and Merafe Resources MRFJ.J could cut up to 665 jobs at their Rustenburg ferrochrome smelter in South Africa...

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  UPDATE 1-South African chrome firms warn of more than 1,200 job cuts

  (Combines Glencore , Samancor stories)JOHANNESBURG, Jan 20 (Reuters) - South African chrome firms on Monday warned of more than 1,200 potential job cuts, citing power cuts, rising...

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  Glencore, Merafe could cut up to 665 jobs at South African smelter

  JOHANNESBURG, Jan 20 (Reuters) - Joint venture partners Glencore GLEN.L and Merafe Resources MRFJ.J could cut up to 665 jobs at their Rustenburg ferrochrome smelter in South Africa...

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  BRIEF-Merafe Begins Consultation Process At LRA Rustenburg Smelter

  Jan 20 (Reuters) - Merafe Resources Ltd MRFJ.J :* CONSULTATION PROCESS IN TERMS OF SECTIONS 189 AND 189A OF THE LRA: RUSTENBURG SMELTER NW PROVINCE SOUTH AFRICA* WRITTEN NOTICE HAS BEEN...

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  BRIEF-Merafe Resources Announces Proposed Restructuring Of Group

  Jan 17 (Reuters) - Merafe Resources Ltd MRFJ.J :* JSE: MRF - PROPOSED RESTRUCTURING OF THE GROUP* MERAFE RESOURCES - WILL DIRECTLY HOLD A 100% INTEREST IN MERAFE FERROCHROME AND MINING...

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  BRIEF-Ferrochrome Says European Benchmark Ferrochrome Price Settled At 101 U.S. Cents Per Pound For Q1

  Dec 30 (Reuters) - Merafe Resources Ltd MRFJ.J :* FERROCHROME PRICE ANNOUNCEMENT FOR THE FIRST QUARTER OF 2020* EUROPEAN BENCHMARK FERROCHROME PRICE SETTLED AT 101 US CENTS PER POUND FOR...

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  BRIEF-Merafe Resources Says Eskom's Power Cuts To Hit Operations

  Dec 10 (Reuters) - Merafe Resources Ltd MRFJ.J :* JSE: MRF - IMPACT OF ESKOM LOAD CURTAILMENT ON THE COMPANY'S OPERATIONS AND TRADING UPDATE* MERAFE RESOURCES - DECISION BY ESKOM TO...

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  BRIEF-MRF Says Qtrly Attributable Ferrochrome Production From Glencore Merafe Chrome Venture Down By 29%

  Oct 21 (Reuters) - Merafe Resources Ltd MRFJ.J :* JSE: MRF - PRODUCTION REPORT FOR THE THIRD QUARTER ENDED 30 SEPTEMBER 2019* MERAFE RESOURCES - QTRLY ATTRIBUTABLE FERROCHROME PRODUCTION...

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  BRIEF-Merafe Says European Benchmark Ferrochrome Price Settled At 102 Cents Per Pound For Q4

  Sept 18 (Reuters) - Merafe Resources Ltd MRFJ.J :* MERAFE - EUROPEAN BENCHMARK FERROCHROME PRICE SETTLED AT USD102 CENTS PER POUND FOR Q4, A DECREASE OF 1.9% FROM USD104 CENTS PER POUND...

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  BRIEF-Merafe Resources Reports 61% Decrease In EPS And HEPS In HY

  Aug 5 (Reuters) - Merafe Resources Ltd MRFJ.J :* MERAFE RESOURCES LTD - NO INTERIM DIVIDEND HAS BEEN DECLARED.* MERAFE RESOURCES LTD - REGRETTABLY 1 FATALITY* MERAFE RESOURCES LTD - MERAFE...

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  BRIEF-Merafe Resources Sees HY Headline EPS Between 5.92 Cents And 7.24 Cents

  July 19 (Reuters) - Merafe Resources Ltd MRFJ.J :* JSE: MRF - PRODUCTION REPORT AND TRADING STATEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2019* MERAFE RESOURCES - SEES HY BASIC EPS AND HEPS...

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  BRIEF-Merafe Resources Says Abiel Mngomezulu To Become Chairperson

  March 28 (Reuters) - Merafe Resources Ltd MRFJ.J : * ABIEL MNGOMEZULU WILL SUCCEED MOLEFE AS CHAIRPERSON OF BOARD * CHRIS MOLEFE WILL RETIRE FROM MERAFE BOARD OF DIRECTORS AT AGM AND HAS...

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  BRIEF-Merafe Resources FY 25 Pct Decrease In HEPS To 27.2 Cents

  March 11 (Reuters) - Merafe Resources Ltd MRFJ.J :* FY 5% DECREASE IN REVENUE TO R5 606 MILLION (2017: R5 889 MILLION)* FY 25% DECREASE IN HEPS TO 27.2 CENTS (2017: 36.4 CENTS)* FY 16%...